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Why Use a Stop Loss? The main purpose of a stop loss is toensure that losses won’t grow too BIG. While this might sound obvious, there is a little more to this than you might assume. Imagine two traders,KylieandKendall. They both trade the same exact trading strategy with the only ...
When the take profit and stop loss features are explained, they are not hard to grasp. These levels might be useful for any trader who takes risk management seriously. The most important part of utilizing them is deciding on their placement since momentum plays a large role in trading. ...